California Court: Loss-Allocation Rules Of Article 4A Displace Customer’s Common-Law Claims Arisisng Out Of Wire Scam

LexisNexis (September 25, 2019, 2:14 PM EDT) -- Over the years, the most heavily litigated issue involving wire transfers is whether the plaintiff’s common-law claim that the beneficiary’s bank was negligent in handling an unauthorized wire is displaced by...
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